Dwarka Expressway has largely become synonymous with property investments and there is ample reason to come to this conclusion. With practically a project or two a month, this 18km long stretch of 150m wide road has given rise to a very large pool of investment worthy lands and developers have been quick to lap it all up!
Some of the top developers with excellent investment options on Dwarka Expressway include Emaar MGF, Tata Housing, Sobha Developers, 3C Company, Experion Developers, Bestech Group, Vatika Housing, Adani M2K and Puri Constructions, all have the best of their concepts and developments already announced and in various stages of development.
While there is frantic construction activity underway, there is a need for the investors and end users to be cautious with their investment decisions in the current scenario. Consider this, the prices for a new project on Dwarka Expressway have already escalated to cross the five figure mark and pricing for some of the projects is now as high as Rs.11,500/- per square foot! It is interesting to note that the prices for some of the older projects (launched about six to eight months ago) are still lagging behind and are yet to catch up with the new prices that seem to have become the new normal. The gap in some cases is as high as 30%!
As an investor, it is extremely critical to be aware of the resale market trends while keeping track of the original bookings market as well. In projects where the resale prices are significantly lower than the original booking rates, pause and consider buying in resale and this could potentially save you lacs of rupees of your hard earned money.
Another aspect that is more than apparent is the change in the budgets that an investor must have available to be able to participate in the Gurgaon Residential Real Estate market. While it was possible just a couple of years ago to buy a good apartment in a budget of 30 to 40 lacs; a two bedroom apartment in a decent new development is nothing less than a crore of rupees today. This has created an unprecedented situation where the profile of the buyers of properties in Original Bookings has seen a significant shift already. Only the well heeled are today in a position to buy the new launch projects in Gurgaon and the investors/end users with smaller, more modest budgets are now forced to consider the next best options of Dharuhera, Bhiwadi, Sohna, Manesar and Neemrana for the need to own property.
Significantly, the commercial property market in Gurgaon has also seen improvements in uptake of new projects due to the same reason - lower entry costs and manageable budgets! Several developers have launched commercial properties in prime locations in Gurgaon and are offering shops, office spaces, serviced apartments, studio apartments and even food court spaces. An investment in these upcoming projects starts at a much lower ticket size than the residential counterparts!
Now, with all these strong under currents of fewer investment options, resurgence of resale market, extra large budget requirements and higher capital exposures, there is a dire need for 'not-the-traditional' brokers who understand the client profile, risk appetite and holding capacities before selling a property to the buyers. Never before has investing in property been so alike and similar to buying a financial product from a bank. Skilled property consultants (not typical property brokers) are the need of the hour in Gurgaon to save the lesser informed property buyers. Ethics, transparency and knowledge have never been so important earlier!
Happy Investing! May the Best Investment Advice Win!!
While there is frantic construction activity underway, there is a need for the investors and end users to be cautious with their investment decisions in the current scenario. Consider this, the prices for a new project on Dwarka Expressway have already escalated to cross the five figure mark and pricing for some of the projects is now as high as Rs.11,500/- per square foot! It is interesting to note that the prices for some of the older projects (launched about six to eight months ago) are still lagging behind and are yet to catch up with the new prices that seem to have become the new normal. The gap in some cases is as high as 30%!
Another aspect that is more than apparent is the change in the budgets that an investor must have available to be able to participate in the Gurgaon Residential Real Estate market. While it was possible just a couple of years ago to buy a good apartment in a budget of 30 to 40 lacs; a two bedroom apartment in a decent new development is nothing less than a crore of rupees today. This has created an unprecedented situation where the profile of the buyers of properties in Original Bookings has seen a significant shift already. Only the well heeled are today in a position to buy the new launch projects in Gurgaon and the investors/end users with smaller, more modest budgets are now forced to consider the next best options of Dharuhera, Bhiwadi, Sohna, Manesar and Neemrana for the need to own property.
Significantly, the commercial property market in Gurgaon has also seen improvements in uptake of new projects due to the same reason - lower entry costs and manageable budgets! Several developers have launched commercial properties in prime locations in Gurgaon and are offering shops, office spaces, serviced apartments, studio apartments and even food court spaces. An investment in these upcoming projects starts at a much lower ticket size than the residential counterparts!Now, with all these strong under currents of fewer investment options, resurgence of resale market, extra large budget requirements and higher capital exposures, there is a dire need for 'not-the-traditional' brokers who understand the client profile, risk appetite and holding capacities before selling a property to the buyers. Never before has investing in property been so alike and similar to buying a financial product from a bank. Skilled property consultants (not typical property brokers) are the need of the hour in Gurgaon to save the lesser informed property buyers. Ethics, transparency and knowledge have never been so important earlier!
Happy Investing! May the Best Investment Advice Win!!
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Experion Developers' Milestone property stands out as one of the Best Commercial Projects in Gurgaon for several compelling reasons. Firstly, its strategic location in Gurgaon's prime area ensures excellent connectivity and visibility, attracting a steady flow of potential customers. Secondly, the project boasts state-of-the-art infrastructure and modern amenities, catering to the diverse needs of businesses.
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